Beauty giant THG is set to return to the FTSE 250 after crashing out earlier this year. The FTSE 250 represents a list of the top 150 companies listed on the London Stock Exchange (LSE) after the FTSE 100, which are all ranked on market capitalisation. THG originally joined the FTSE 250 in March 2025 and was put forward as part of FTSE Russell’s quarterly reviews at the time. THG founder and CEO Matthew Moulding said at the time that the promotion to the FTSE 250 marked an “important moment in THG's evolution” following the demerger of THG Ingenuity. However, its drop out of the FTSE 250 followed a rocky period of trading, with shares in the company declining by more than 45% over the past year.